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Hertz Global Holdings (Hertz Global Holdings) Cash per Share : $1.53 (As of Mar. 2024)


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What is Hertz Global Holdings Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Hertz Global Holdings's Cash per Share for the quarter that ended in Mar. 2024 was $1.53.

Hertz Global Holdings Cash per Share Historical Data

The historical data trend for Hertz Global Holdings's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hertz Global Holdings Cash per Share Chart

Hertz Global Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.09 7.02 5.02 2.92 2.50

Hertz Global Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 2.19 1.92 2.50 1.53

Hertz Global Holdings Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Hertz Global Holdings's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=764/305
=2.50

Hertz Global Holdings's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=465/305
=1.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hertz Global Holdings  (NAS:HTZ) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Hertz Global Holdings Cash per Share Related Terms

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Hertz Global Holdings (Hertz Global Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hertz Global Holdings Inc (NAS:HTZ) » Definitions » Cash per Share
Comparable Companies
HEES VSTS MGRC PRG CTOS GSL CAR ALTG WLFC AAN URI LSE:AHT AER UHAL BSP:RENT3 WSC FTAI TSX:EFN XPAR:ALD AL
Traded in Other Exchanges
HTZWW:USA HTZ1:Mexico AZK0:Germany AZK0:Germany
Address
8501 Williams Road, Estero, FL, USA, 33928
Website
https://www.hertz.com
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.
Executives
Kelly Galloway officer: SVP, Chief Accounting Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Eric Leef officer: EVP, Chief HR Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Jeffrey Nedelman director 8501 WILLIAMS ROAD, ESTERO FL 33928
Fran Bermanzohn director 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Batcheler Colleen officer: EVP, General Counsel and Secy ONE CONAGRA DRIVE, OMAHA NE 68102
Stephen M Scherr director, officer: Chief Executive Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Tim Langley-hawthorne officer: EVP, Tech & CIO 8501 WILLIAMS ROAD, ESTERO FL 33928
Evelina Vougessis Machas director 8501 WILLIAMS ROAD, ESTERO FL 33928
Jennifer Feikin director 8501 WILLIAMS ROAD, ESTERO FL 33928
Christopher Lahoud director APOLLO, 212 ROSECRANS AVE., EL SEGUNDO CA 90245
Andrew Shannahan director 8501 WILLIAMS ROAD, ESTERO FL 33928
Mark Fields director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ck Amarillo Gp, Llc 10 percent owner C/O KNIGHTHEAD CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Certares Opportunities Llc 10 percent owner 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Ck Amarillo Lp 10 percent owner C/O KNIGHTHEAD CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017